Rice procurement has crossed 27 million tonnes in 2009-10, down by about three per cent over the last year's due to low production. Food Corporation of India (FCI), the nodal agency for procurement and distribution of foodgrains, and state agencies had procured 27.93 million tonnes of rice in the corresponding period of the previous marketing year, which runs from October to September. The Centre had procured a record 33.68 million tonnes of...
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‘Government responsible for 68 farmers' suicide’
The Krushak Morcha of the BJP today held the Government responsible for the suicide of 68 farmers in the State. Passing several resolutions in the first State executive committee meeting here, the farmers wing of the party attributed the suicide cases to the faulty agricultural policies of both the State and Central governments. Alleging that farmers have been committing suicide due to crop loss and increasing loan burden, the resolution said that...
More »Costly APL grain to rein in subsidy? by Mahendra K Singh & Nitin Sethi
Even as the government tries to meet the expectations of the Congress high command on the Food Security Bill, it is still trying tricks in the economist's books to keep its food subsidy bill as low as possible. While the Planning Commission has now accepted that it would include community kitchens and existing nutrition security schemes such as ICDS and mid-day meal programmes under the proposed Bill, it is also...
More »Monsoon to dispel clouds over sugar, grain
A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...
More »Directionless in Agriculture by Bharat Jhunjhunwala
The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...
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